The WLFI governance staking system proposal is now open for voting, with a current approval rating of 99.31%.

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According to ChainCatcher, the WLFI governance staking system proposal opened for voting on March 8th, with a current support rate of 99.31%. Voting will close on March 13th. The proposal stipulates that future participation in governance voting using unlocked WLFI tokens will require staking, with a minimum lock-up period of 180 days.

The system will introduce a tiered node structure: ordinary stakers can receive an annualized reward of approximately 2%; users who stake 10 million WLFI (approximately US$1 million) can become nodes and enjoy the right to exchange stablecoins such as USDT and USDC at a 1:1 ratio with USD; users who stake 50 million WLFI (approximately US$5 million) can become super nodes and gain the opportunity to directly connect and cooperate with the WLFI team.

The proposal requires a quorum of 1 billion WLFI voting tokens to be valid, and the voting period is 7 days. If approved, implementation will proceed in three phases.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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